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May 17, 2012 11:00am PDT
. the united states and nato trying to build an afghan army to defend the country after international troops pull out at the end of 2014. how to pay for the army and continued support will be central topics of the summit, hosted by president obama. more than 20 nations have already agreed to help the u.s. foot the $4.1 billion a year bill. many of their pledges have beenfall small. >>> new details emerging about that massive trading loss suffered by jpmorgan chase. "the new york times" say it's grown by another $1 billion, jumping from $2 billion into the $3 billion range. last week, jamie dimon said the losses were expected to happen over the course of the next few months. but instead, it's happened over four days of trading. the federal reverse right now looking into those massive losses. >>> verizon wireless making a major announcement to wipe out one of its longtime perks. the company says later this year it will do away with grandfathered unlimited data plans to migrate customers to the new faster 4g network. if you do have an unlimited data plan, you will be required to sign on to a da
May 10, 2012 11:00am PDT
in the united states. no u.s. company bid on this at all. the new cars, b.a.r.t. said, bombardier met a number of factors that they were looking for. but many this morning said the deal really needs a second look. >> we're trying to get b.a.r.t. to basically not rebid this contract, but basically put it back to the two best bidders they have and have them retool their bids and try to come back and try to get the best deal that they can on the table. >> they also scored the highest in terms of the technical aspects and they could put americans to work sooner rather than later because they do have facilities here in the united states. >> reporter: now, b.a.r.t.'s so-called fleet of the future is made up of 775 new rail cars. every one of them to be assembled in the united states. so b.a.r.t. can go three ways today. they could accept the canadian company's bid, reject it or start the process all over again which would delay everything about 18 months. reporting live in oakland, christie smith, nbc bay area news. >>> new this morning, these are pictures just in to our newsroom of the men accused
May 18, 2012 11:00am PDT
the stock sale. he says i am obligated and will pay hundreds of millions of dollars in taxes to the united states vemernnt. i have paid and will continue to pay any taxes due on everything i earned while a u.s. citizen. if you're curious, there's a law on the books keeping people from setting foot in the u.s. ever again if they renounce their citizenship solely for tax purposes. lawyers say it is never enacted because it is so hard to prove, plus the irs is not supposed to reveal tax information. our coverage of the facebook public offering continuing all day long. coming up later in the show, a long list of facebook employees added a few more zeros on their financial portfolios. some are already spending their new fortunes. find out what they're doing with the new found cash. tune in tonight at 5:00, 6:00, 11:00 as we continue coverage through the entire day. check out search facebook. >>> as facebook has this success, another tech giant is fighting to stay health. hewlett packard expected to have 30,000 layoffs. they're talking about company wide restructuring, that could
May 21, 2012 11:00am PDT
can get in the western united states. the last time this happened, this type of eclipse, was in 1994. the next time you can expect it to happen is in 2023. >> very cool. >>> world leaders holding a final day of meetings in chicago at the nato summit there in the city. the focus today, afghanistan. nato leaders expected to officially sign off on president obama's plan to pull out troops by 2014. president obama wants leaders to commit to helping the country after the troops have withdrawn. >> but we're confident that we are on the right track and what this nato summit reflects is that the world is behind the strategy that we laid out. >> afghanistan is fully aware of the task ahead. and what afghanistan needs to do to reach the objectives that we all have. >> meantime, outside the meetings, protests continue going on for days now. at least four police officers have been taken to the hospital with injurs from violent demonstrators. a total of 45 people have been arrested so far. >>> italy's prime minister had to leave the nato summit early to oversee recovery efforts following a deadly
May 28, 2012 11:00am PDT
cemetery. afterwards he spoke of the sacrifice men and women made defending the united states. >> while their stories may be separated by hundreds of years and thousands of miles, they rest here together, side by side, row by row, because each of them loved this country and everything it stands for more than life itself. >> republican presidential hopeful mitt romney is expected to attend a memorial day tribute at the veterans museum in san jose today. >>> right now, the traditional wreath laying ceremony is under way at the presidio in san francisco. the event began a short time ago with the 191st army band leading the way to the national cemetery on lincoln boulevard where 35,000 veterans and family members have been laid to rest. this is the 144th memorial day ceremony at the presidio on the largest, one of the largest events of its kind in the country. >>> on this memorial day, a special bay area tribute to victims of the 9/11 attacks. an observance and remembrance event held this afternoon at the flight 93 memorial site in union city. the names will be read of the 40 victims, now c
May 4, 2012 11:00am PDT
some time here in the united states. >>> jon, you know that summer, san jose becomes gymnastics town. it comes the week of june 25th. look who we have in studio, one of the athletes going through it. samantha has competed in trials in the past. thanks for being with us. >> thanks for having me. >> a little background of yourself. you started gymnastics when you were two. >> yes. >> made it on the team in 2008, then you hurt your ankle at the last minute. >> yeah. you know, i fell in love with the sport at an early age obviously, and it just -- there's something about the sport that really entices not only the gymnast but the audience as well. in beijing, it was incredible. my biggest memory from beijing other than winning the silver medal was seeing more american flags in the audience than chinese flags. that gives me chills even talking about it. >> of course, we are looking at file video of you on the mat. amazing stuff. you have been through the olympic trials. give us a little idea of how it works. >> well, there's a two day competition, and the scores are added together. both da
May 8, 2012 11:00am PDT
briefed in the past few hours about the foiled terrorist plot to blow up a plane over the united states. today, we are learning the president has known about the plot since april. tracy potts has more on how this will impact airport security. >> reporter: the u.s. thinks the top bomb maker for al qaeda in yemen is behind the latest plot, the bomb has his signature, a more sophisticated version of the 2009 christmas underwear bomb. this time with no metal parts. the fbi is analyzing to see if it could have slipped through security. >> whatever we learn from this ied, we will ensure it is incorporated into measures we take at airports. >> they keep trying to device more and more perverse and terrible ways to kill innocent people and it is a reminder as to why we have to remain vigilant at home and abroad. >> reporter: in a statement, the white house says the public was never in danger. the cia seized that before a suicide bomber bought a plane ticket or identified a target. the plan was to attack around the first anniversary of the death of osama bin laden. >> person that actually had the
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